Common insurance types for UK immigrants

Article 1: Common insurance types for British immigrants

1. Personal insurance

This is similar to the situation in China. Although it is not necessary, it should be based on personal insurance. Depends on circumstances and family circumstances.

2. House insurance

Compared with the United States, house insurance in the UK is not so necessary, but it also depends on your personal situation. If you buy a Flat, it is recommended You don’t need to buy this insurance. If you are purchasing a single-family house, especially a particularly expensive private villa, it is necessary to consider buying home insurance. House damage caused by natural disasters and man-made disasters is extremely expensive to repair. Purchasing insurance can help you save a lot of money.

In addition, if it is a rental house, it is also recommended to purchase house insurance. Since the rental house involves the interests of the landlord and the tenant, when the house or indoor property suffers unexpected losses, it will often cause conflicts and disputes between the two parties. . If a property owner purchases rental insurance, these troubles can be taken care of properly.

3. Commercial insurance

This insurance is mainly opened for small shops, traders, offices and home businesses in the UK. The risks of doing business are relatively high for small private individuals, so it is also Take risks to ensure harvest from drought and flood.

IV. Car insurance

This should be regarded as the most common insurance purchased in the UK. It is a must-buy insurance for any car. The car cannot be driven on the road without insurance. The police found out that You have the right to tow your car away, and if you don't pay the insurance within 21 days (which gets very expensive at this point), the police will destroy your car. This is serious business, so most people automatically pay for car insurance every year.

The price of car insurance varies according to personal circumstances. If you are a novice, the cost of insurance in the first year is generally around one thousand pounds. Of course, the prices of different insurance companies also vary. You can bargain, and the final transaction price is completely Depends on your sharp tongue.

The price will slowly drop in the second and third years, generally around 300-500 pounds a year; it also depends on the condition of your car, such as new and old cars, ordinary cars, sports cars, etc. It’s also different. It depends on the regulations of each insurance company; there is also age. If you are under 25 years old, the price of car insurance will generally be higher than the normal price. Before paying for car insurance, the car must have a safety inspection every year and be inspected by professionals. Is your car still usable?

5. Towing insurance

This insurance is very common in the UK, but it is not a must-buy insurance. Towing insurance is a 24-hour nationwide service. It prevents the car from suddenly paralyzing on the road, especially on the highway or in remote suburbs, or in the middle of the night. After purchasing towing insurance, the insurance company will provide towing services. However, this situation is so rare that it might as well call a paid company to come over and tow the car.

6. Travel insurance

When traveling, especially when traveling abroad, you usually buy it for peace of mind. Especially when traveling from the UK to Europe, as long as you need to apply for a Schengen visa, you must purchase travel insurance. This is one of the information that must be provided for the visa.

Part 2: Seven major benefits of British immigration and naturalization

1. The UK has a stable social order

The annual average of the UK The crime rate is low, people's lives are stable and orderly, and both commercial and residential areas have a complete and effective public security system. Social security is good, and the UK is a country with a high degree of rule of law, respecting human rights and protecting citizens' private property.

2. Give your children a happy childhood

Western education attaches great importance to cultivating children's independent thinking ability, creativity and hands-on ability, and also pays great attention to cultivating children's self-confidence and organizational leadership skills. In order to attach great importance to it, its education method advocates teaching through fun, so that children can grow up in joy.

3. Let children enjoy truly free education

British schools are world-famous. Children under the age of 16 can enjoy free public school education and enjoy first-class pure British education.

The British education level is the best in the world, with well-known institutions of higher learning such as Oxford, Cambridge, and Imperial College. This is also the reason why many people immigrate to the UK.

IV. Own a World Pass

Due to frequent business activities, you may need to frequently travel to and from different countries.

Holding a British passport can provide visa-free treatment to more than 100 countries and regions around the world, and you can live and study freely in the EU. It can be said that having a British passport is equivalent to having a world pass.

5. The UK has a high quality of life and a complete social security and welfare system

The British government is very concerned about national health and spends huge amounts of money on social security and the safety and stability of national life. It can be said that British nationals and permanent residents are provided with care for their old age and medical treatment for their illnesses.

6. The UK is one of the most developed countries in Europe and the world's financial center

The British capital market is very mature and developed, and the current exchange rate between the RMB and the pound is also an investment opportunity.

7. The UK allows dual nationality.

The UK allows dual nationality. With a British passport, you can travel around the world and work and live freely in the EU (27 countries).

Part 3: Conditions and suitable groups for British entrepreneur immigration

1. Application requirements for British entrepreneur immigration

First application 3 Conditions for an annual visa:

1. Non-European Economic Area (EEA) people or non-Swiss;

2. English proficiency reaches B1 (IELTS 4 points in each section), or have Equivalent to a British undergraduate degree or above;

3. The living deposit can support life during the period of residence;

4. At least 16 years old;

5. Invest 200,000 pounds in business operations in the UK (the source of funds needs to be proven);

6. No criminal record (need to provide no criminal record in the country where you have lived for more than 1 year in the past 10 years);

7. Feasible business plan and market research.

Conditions for renewing the 2-year visa:

1. Register as a director or be self-employed within six months after obtaining the British T1 residence permit;

2. Proof that you have started to be self-employed, a partner or a director of a company 3 months before application;

3. Create at least 2 full-time positions in the UK, and the positions have existed for at least 12 months;

4. Invested ￡200,000 in one or more British companies.

Conditions for applying for a British permanent residence visa:

1. The applicant is a director of the company;

2. Has invested 200,000 pounds in the enterprise, And the enterprise is continuously operating;

3. The applicant has created 2 full-time positions for at least 2 permanent residents/British/EU nationals during the previous visa period, and each position has at least 12 positions Months or above;

4. Live in the UK for 185 days per year;

5. No criminal record;

6. Pass the British life knowledge test.

Conditions for applying for permanent residence in the UK quickly:

If you employ 10 people or the company has an income of 5 million pounds, you can apply for permanent residence in the UK in just 3 years.

2. Suitable groups for British entrepreneur immigration

1. Business people who want to establish or operate a business in the UK;

2. Have British education or work People with a certain background;

3. Executives or investors with certain financial strength.